Bitcoin jumped to above $31,000 but was quickly stopped in its tracks and is now back below the $30,000 line. Most altcoins are also relatively calm on a daily scale, with Cardano being among the few exceptions after a near 6% increase. Bitcoin Failed at $31K Last...
During the Queen's Speech, Prince Charles announced the introduction of a bill that would help tackle illicit finance, reduce economic crime and help businesses grow. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit...
LUNA, a cryptocurrency linked to the TerraUSD stablecoin, is now essentially worthless. LUNA was worth $0.01862 as of noon Thursday, May 12, 2022, and as of May 16, 2022, it is floating at $0.0002436 according to coinmarketcap.com. In a matter of time, this algorithm-backed altcoin dropped...
A soccer referee’s decision to toss a bitcoin before the start of a recent match between Istanbul giants Beşiktaş and Fenerbahçe has sparked controversy in Turkey. The country’s football authority is trying to establish why a crypto coin was used for the ritual when that...
The rollercoaster that transpired in the past seven days resulted in another weekly candle closed in the red for bitcoin. As such, the cryptocurrency made history in a rather negative week as this is the first time it closed in the red for seven consecutive...
The major game developer is reshaping its business strategy to include a more robust NFT ecosystem by investing in blockchain gaming infrastructure. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the...
“Remember, you can’t offset your crypto losses against your salary and wages,” said ATO assistant commissioner Tim Loh. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit or moderate the content. G6 is...
The global head of digital assets for Goldman Sachs said the demand for cryptocurrency from institutions is rising and the firm has been “actively broadening” its market capabilities to cater to that demand. Read More? Post is imported from RSS feed, by one of...
The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K., whilst ensuring financial stability and high regulatory standards,”...
Vitalik Buterin has called for relief for the average UST smallholder who got lured in by promises of high stablecoin yields by crypto influencers. Read More? Post is imported from RSS feed, by one of our guest editors. G6 does not edit...